Is Moorpark, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moorpark is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Moorpark has remained a Seller's Market.

Key Takeaway

Moorpark is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Moorpark, CA cost?

Median Sold Price

$800,000

$385/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$85,000(+11.9%)

Key Takeaway

Homes in Moorpark have sold for 11.9% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 -$510K
N/A
2 $457.2K$518.5K
+13.4%
3 $595K$703K
+18.2%
4 $776K$875K
+12.8%
5+ $995K$1.1M
+10.6%

Median Sold Price Compared To Nearby Cities

Simi Valley
+15.3%
Moorpark
+11.9%
Las Posas
+7.0%

How many homes are available in Moorpark, CA?

Number of Homes For Sale

Oct 2021Nov 2021%
9679-17.7%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 00
0.0%
2 83
-62.5%
3 3430
-11.8%
4 3328
-15.2%
5+ 2118
-14.3%

Number of Homes Sold

Oct 2021Nov 2021%
4227-35.7%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moorpark, you could pay more than the asking price. 59.3% of homes here sold above asking price last month.

Average Sale Time

Nov 2020Nov 2021%
52 Days23 Days-56.3%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moorpark are selling fast, if you're buying plan to act quickly.

About Moorpark, CA

Moorpark, CA has 79 homes on the market. In November 2021 in Moorpark, CA there were 17.7% less homes for sale than in October 2021. While the average time on the market in November 2021 was 23 days, the median list price was $800,000. From October 2021 through November 2021, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties increased by 0%, prices of 2 bedrooms properties went up by 13.4%, 3 bedrooms properties became 18.2% more expensive, prices of 4 bedrooms properties went up by 12.8%, the cost of 5 bedrooms properties went up by 10.6%. Housing inventory have changed in this real estate market: 1 bedroom homes inventory did not change, number of 2 bedrooms homes decreased by 62.5%, 3 bedrooms homes became 11.8% less available, 4 bedrooms homes became 15.2% less available, volume of 5 bedrooms homes went down by 14.3%. Moorpark, CA housing market in November 2021 saw over 16 listings sold above listed price, more than 5 sold at listed price and over 6 sold below.

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